HOW TO WITHDRAW STEEM/SBD INTO LOCAL CURRENCY USING EASYDEX

in #easydex6 years ago

EASYDEX.NET TUTORIAL CONTEST #2

Special thanks to @pfrm and @easydex Team for organising this contest to help educate Steemians and the general public on how convert their earning on steem blockchain to their local currency

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Hello steemians, Have we heard of EASYDEX.NET? If no sit tight,read and follow the easy steps to withdraw steem, steem dollar and bitcoin into local currency using Easydex.
For the purpose of this tutorial, USD will be used as the local currency.

WHAT IS EASYDEX?

@EasyDex is a new company creating services and providing an interface for the Bitshares platform. The primary aim of this company is to provide transparent and highly needed services to the Decentralized Crypto space. Many people find it hard to convert their steem, steemdollar and bitcoin to local cash, many people will have to sell to someone online and most time fall into the hands of internet fraudsters. Easydex is here to make that stop with simple steps to follow.
Follow the procedures carefully and I assure you, you won't have any problems converting your coins to cash.

STEP 1

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Create an account on Easydex through this link 👉https://easydex.net
Or
Login with your bitshares details if you already have an account on Bitshares dex

STEP 2

Do your KYC (Know Your Customer) Verification through this link
https://easydex.net/verification/
This will aid easy access to your accounts

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Fill in the necessary details

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Choose photo from gallery and confirm youre not a bot

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Click send to confirm kyc submission. Completing your kyc will enable you to enjoy the full benefits on Easydex.

STEP 3

After creating your account or login with your already existing bittrex account, Click on the three horizontal lines by the top left corner

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Click on deposit/withdrawal

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Click on Gateway

Select the coin you wish to deposit, if you choose steem or steemdollars,
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Copy the address
(Address to send to: easydex-wallet
Memo: the memo should be your Easydex wallet address)

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**STEP 4

Login to your steemit account,Click on wallet
Click on Steem, select transfer from the drop down menu

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Fill in the required details correctly
After confirming the details are correct, click on Send to complete the transaction

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STEP 5

Within few minutes the steem you sent should reflect in your account as Easydex.steem.

Click on this link to convert the Easydex.steem to easydex.us
https://exchange.easydex.net/market/EASYDEX.STEEM_EASYDEX.US

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Scroll down to Sell Easydex.Steem

Input the rate you wish to sell steem/usd and quantity of steem you wish to convert
Click on sell to initial the transaction

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STEP 6

Once you confirm your sell order is filled (processed)

Click on the three horizontal lines on the left top corner in the same page and click send

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Send to easydex-fiat
Select easydex.us from the drop down menu
Memo should be:
Your Name:
Bank name:
Account Number:
Then click on Send to confirm the transaction.
Note it's not compulsory to include memo.
if you did your kyc verification properly, then there is no need to fill all this as easydex will have access to them.

Wait for 24 - 48 hours for your transfer to be processed to your bank account and then you can withdraw to your local currency.

I hope my little tutorial would be of great help to you all. Thanks for your reading. Feel free to drop your questions in the comment box about any area you find challenging.

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This is helpful. I've been looking for a substitute to the exchanger I'm currently using so to compare. I hope this will be a good competitor.

Am sure it will

Thank you for making this article so steemians can benefit from it :)
Easydex is also adding Etherium/USD pairs soon so you will be cash in and out of crypto very easily.And many more to come.
If anyone have questions related to the services or stuck in any steps visit easydex discord server - https://discord.gg/bhrbPa3 to get help.

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